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GuruFocus has detected 4 Warning Signs with LVMH Moet Hennessy Louis Vuitton SE $LVMUY.
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LVMH Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY)
Days Payable
107.21 (As of Dec. 2016)

LVMH Moet Hennessy Louis Vuitton SE's payable for the six months ended in Dec. 2016 was $4,414 Mil. LVMH Moet Hennessy Louis Vuitton SE's cost of goods sold for the six months ended in Dec. 2016 was $7,513 Mil. Hence, LVMH Moet Hennessy Louis Vuitton SE's days payable for the six months ended in Dec. 2016 was 107.21.

LVMUY' s Days Payable Range Over the Past 10 Years
Min: 113.16   Max: 139.15
Current: 117.12

113.16
139.15

During the past 13 years, LVMH Moet Hennessy Louis Vuitton SE's highest Days Payable was 139.15. The lowest was 113.16. And the median was 118.75.

LVMUY's Days Payable is ranked higher than
85% of the 657 Companies
in the Global Luxury Goods industry.

( Industry Median: 53.24 vs. LVMUY: 117.12 )

LVMH Moet Hennessy Louis Vuitton SE's days payable declined from Dec. 2015 (108.32) to Dec. 2016 (107.21). It may suggest that LVMH Moet Hennessy Louis Vuitton SE accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

LVMH Moet Hennessy Louis Vuitton SE's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4413.5021097/13754.2194093*365
=117.12

LVMH Moet Hennessy Louis Vuitton SE's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4413.5021097/7512.65822785*365 / 2
=107.21

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

LVMH Moet Hennessy Louis Vuitton SE Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 132.16139.15113.16116.76133.15115.39120.38121.86115.14117.12

LVMH Moet Hennessy Louis Vuitton SE Semi-Annual Data

Jun12Dec12Jun13Dec13Jun14Dec14Jun15Dec15Jun16Dec16
DaysPayable 111.18106.740.00112.680.00110.18104.70108.32111.25107.21
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